Automated portfolio of expert advisors system

[Ravique]

And what is the point of letting them run all the time. You see the market conditions, why not plug in the one's that are appropriate during current conditiond and plug out the one's that are not. That requires good analyticall skills and human presence though.
Or the goal is automated trading with no human presence?

[oilfxpro]

Originally Posted by Ravique

And what is the point of letting them run all the time. You see the market conditions, why not plug in the one's that are appropriate during current conditiond and plug out the one's that are not. That requires good analyticall skills and human presence though.
Or the goal is automated trading with no human presence?

Ravique

The holy grail indicator for knowing what system to trade is not made yet ,and is unlikely to ever be made.Human beings make far more mistakes than computers.


It is fully automated and running 24 hours a day.Last week the automated systems made 125 trades = 25 trades a day.The human mind would not be able to cope with monitoring 6 currency pairs ,oil and gold ,chainging directions every few minutes and taking trading decisions

The computer should be able to do everything the human being can on the trading floor

My idea is not to interfere with historical probabilities AND LET THE COMPUTER TRADE 24 HOURS A DAY.How often do you see a casino put limits on roulette half way through the night?

I am still not there yet , so I am working on this fully automated system.

OILFXPRO

OILFXPRO

[Ravique]

You are right about all of the above. People who state the opposite are right too. Every one has his one trough.

Personally, I like facts. I personally know a few people who made fortunes, trading manually. The use indicators, they use other instruments, but still, they make the disiscions.

I don't personally know any people who made the same ammount of money using an automated system, this is why I think that computer and all that is connected to it is an instrument in humans hands.

The market is just a bunch of people trading. Actually thousands of people trading all over the world. Some of theese people are joined in institutions some of them are trading on their own. So the market is a huge pile of discissions made every second, and the price or it's movement represents the majority of theese desiscions.

Again, I don't know a computer who would understand human behavior, this is why I think that human element (this makes me a little sad actually) is essential in trading.

But this has nothing to do with the automated systems, because what I belive, doesn't mean something is not possible, and this is why I think every one should keep an open mind about their belives and be ready to admit that they are wrong.

This why it is interesting to follow attempts people make to create a fully automated profitable trading system, so please, keep us informed about the results and your observations.

[oilfxpro]

Originally Posted by Ravique

Personally, I like facts. I personally know a few people who made fortunes, trading manually. The use indicators, they use other instruments, but still, they make the disiscions.

I don't personally know any people who made the same ammount of money using an automated system, this is why I think that computer and all that is connected to it is an instrument in humans hands.

.

I also like facts

Better's proved his automated expert advisor can make 5,000 % per annum .He made 10,000 into $130,000 in 3 months .He made $40,000 per month or around $500k per year from $10,000 =500 % per annum

I have been working on this for 8 years

Participant Better - Automated Trading Championship 2007

OILFXPRO

[Ravique]

Nice one, didn't know of that. Any idea on how he did it?

[oilfxpro]

Originally Posted by Ravique

Nice one, didn't know of that. Any idea on how he did it?

He made a probabilistic neural network Expert advisor .

News - Automated Trading Championship 2007


He used 3 expert advisors and used them as slave expert advisors ,then he made a master controlling the three slaves...thats what I believe he did.

Which manual traders can make 5,000 % per annum or have made that?

regards

OILFXPRO

[Ravique]

I don't know any traders with such profits.

Only as far as I understand from his interview and his comments in russian (man, I am glad for Ukraine) , he doesn't use the expert advisors.

He uses moving avarages to tell the trend probabilities, he uses three setting of theese moving avarages with different parameteres on the first level and on the second levels. The figures from the moving avarages are implemented into a neural network, wich procceses the figures and on the exit level gives out only one parameter, trend direction forecast. If this forecast is lower or higher then a certain number (different in three cases) the expert goes buy or sell.

He states that his defree in physics and mathematics combined with coding skills were the essentials for his trading system, and before writing EA's he was trading 3 years manually.

[oilfxpro]

Originally Posted by Ravique

I don't know any traders with such profits.

.

$250,000 per day but he must be trading several million account

http://www.fxfisherman.com/forums/fo...html#post14059

OILFXPRO

[oilfxpro]

Hi

still going strong

OILFXPRO

[oilfxpro]

Hi

More improvements are due but this baby is flying to the moon

OILFXPRO